Tate & Lyle is a Consumer Goods industry firm, which concentrates their activity in the Food Producers sector. Tate & Lyle headquarters are in UK, where the firm is listed.

At the time of this analysis, Tate & Lyle stocks were trading at a price of
7.12
GBP after
hiking a 8.60% last month.

According to the chart, Tate & Lyle has Price to Earnings ratio of 15.10, which is higher than the amount show in companies from UK. However, it is lower than the average of Food Producers sector. The company should be deeply studied because P/E ought to be quite similar among firms from the same sector unless they carry a very different strategy. Thus, Tate & Lyle financial report should be analyzed to confirm the company is undervalued.

Finally, you could compare Tate & Lyle P/E with other Food Producers companies or firms from UK.